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20121205
20121213
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CNBC 19
CSPAN 18
FBC 11
CNNW 9
CSPAN2 8
CNN 6
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MSNBC 3
KQED (PBS) 2
KTVU (FOX) 2
WHUT (Howard University Television) 2
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English 104
Search Results 0 to 49 of about 104 (some duplicates have been removed)
WHUT
Dec 6, 2012 6:00pm EST
executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to acknowledge that reality, then the numbers are actually not that far apart. another way of putting this is, we could probably solve this in about one week. it is not that tough. >> new details have been revealed in the retail giant kermit factory where 120 dacre workers died in a fire last month. "the new york times" is reporting that wal-mart played a key role in blocking the improvement of safety features at the bangladeshi factory. one representative helped quash a proposal that would help to improve safety investments, calling them not financially feasible. documents found at the fire scene also show five of the factory's 14
FOX News
Dec 6, 2012 10:00am PST
the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27 years, every significant debt reduction bill that passed starting with graham rosen has been linked to a debt limit increase. this is the only tool in washington that forces both sides to do something about the debt and spendersing. so republicans aren't going to give this up because it's the only tool they have in this political situation to stop the president from going forward. and the reality is last year speaker boehner set an important resident. it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans
CNBC
Dec 5, 2012 7:00pm EST
of most americans. president obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a mistake that the gop has not emphasized spending cuts. >> they certainly do. most people -- two out of three people want to see a deal that includes both tax hikes and spending cuts. they want to see more spending cuts, but they don't expect spending cuts to come out of this no matter what happens. in fact, the one thing that most people in the middle class believe is that regardless of whether we go over the fiscal cliff or whether a deal is reached to avert that, middle class taxes are going up, and so is spending. so there's a lot of cynicism in this process. >> real quick -- >> that's why the president has the edge. >> bottom line, the republicans are poised to take a fall? is that what your numbers show you? >> they are poised to take a hit on this right now. longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. ma
CNN
Dec 6, 2012 12:00am PST
's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves in, isn't it? >> it certainly is. it's a very bad position for them to find themselves in. the fact of the matter, it isn't true. raising taxes on the wealthiest americans will not only solve the problems. it doesn't even address the core problems. the core problems, $16 trillion in national debt comes from government overspending. and we have sluggish growth. raising the taxes on anybody, whether it's the poor or the middle class or the wealthiest americans, doesn't solve that problem. and that's my point of frustration. let's figure out what the key problems are and solve those, instead of having the rhetoric and say we need more revenue. i gave the analogy, of giving a kid an allowance,
MSNBC
Dec 5, 2012 11:00pm PST
when he explained the arithmetic of what obama inherited. >> in tampa the republican argument against the president's re-election was pretty simple, pretty snappy. it went something like this. we left him a total mess. he hadn't cleaned it up fast enough. so fire him and put us back in. when president barack obama took office, the economy was in free fall. it had just shrunk nine full percent of gdp. we were losing 750,000 jobs a month. are we doing better than that today? the answer to that is yes. >> david, i don't know you at all but i have to tell you, who would you rather have make your case to st. peter than this guy, bill clinton? this guy can sell. what did you think of the impact of his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here tha
CNN
Dec 9, 2012 9:00am PST
of republicans who -- president obama reluctantly said he would be for changing the cost of living for social security and raising the requirement age very slowly for medicare and those things are going to be harder to get now for democrats because the left has mobilizeded, liberal groups are really acting the way they -- but i think the democrats recognize, that entitlement spending has goes to be curbed. >> they don't want to change medicare and medicaid spending or private advertise social security. if you're not going to do those kinds of things and you're going to make the 'rarithmetic work, you do that, you can get to numbers that work in the context of a budget. >> let me tell you where republicans are with their thinking. i think republicans are saying, look, the president's probably going to get his way on the tax increase on the ledge. so say he gets that, they raises $70 billion, $80 bill i don't think a year. the republicans saying, maybe we'll just give the president that. they'll say, okay, mr. president, what are you going to do with your second act? you've got to come forward
CSPAN
Dec 5, 2012 5:00pm EST
are were the right ideas. >> what can republicans learn from the obama campaign? >> whoever has the high ground on technology is going to win both warfare and politics and we can't allow that to happen again. one lesson is you want to make sure from a perspective you are communicating your message to people and ensuring not only they are supporters but also voters. >> how do you regain the technological high ground? >> investing in it. it's there and can be done. the technology of 2012 was amazing and 2016 is indescribable. has to be invested in and priority. the chairman inherited a party that had financial problems and got the party out of a financial hole which didn't create a lot of time and space. part of what we need to do. you need to have a marketing department but you need to have a good production department. you need to have good policy that you are selling and state of the art methods. >> you personally tweet? >> i try to. but no one has ever sent a tweet on my behalf. i control my own twitter feed because it is authentic and it is about hip-hop and sports. >> you are a dolph
CSPAN
Dec 7, 2012 10:30pm EST
, republican, democrat, independent, president obama, those who voted for governor romney, they want to see compromise. what they find as an acceptable compromise is very different. there is a notion that they want to seek their government working together. that is a strong point of view right now, and that of is the create some opportunities. it bobbies the creates some complicated waters to navigate. the conflicting priorities issue. the single highest priority on the to do list is the budget deficit. people talk about this being a problem that they want to see addressed. they are very concerned about how that creates an economic environment that puts them at risk, but they immediately move, if that is table stakes in terms of taking care of the basics of issues, they then moved to things that have much more tangible meaning. they focus on jobs, wage growth, getting more disposable income into the household. ec at one level, the abstract, the debt level and the fiscal cliff and an immediate transition, where they would like to see effort. and finally and interestingly, all of this battery
CSPAN
Dec 5, 2012 12:00pm EST
of hard-fought negotiations under both republican and democratic administrations, president obama finalized the terms of russia's ascension to the w.t.o. on november 10, 2011. russia was invited to join the organization on december 16, 2011, and officially joined in august of this year. mr. president, i ask unanimous consent that the remarks on pntr be placed within whatever the time agreement ultimately is. the presiding officer: without objection. mr. hatch: and i'd like my remarks not to be interrupted. the presiding officer: without objection. mr. hatch: now that russia is a member of the w.t.o., for our workers to benefit, congress really has no choice but to extend permanent normal relations to russia through appeal of the -- repeal of the application of the jackson-vanik amendment. russia is now a member of the w.t.o., but they are under no obligation to extend the economic benefits of their membership to the united states unless we have normal trade relations. simply put, if congress does not act, our workers and exporters will be at a serious disadvantage in trying to exp
CNN
Dec 9, 2012 12:00pm PST
.vitac.com >>> congratulations, washington, you achieved nothing this week. this is "your $$$$$." last week, president obama's offer to avoid the fiscal cliff was laughed at by republicans. this week, the gop countererred. extend the bush tax cuts to everyone, including the rich. revenue, cost savings, cutting, whatever you want to call it from vague areas such as closing, special interest loopholes and deductions, savings from health care and cuts in discretionary spending. other than that, no specifics. president obama wasn't feeling it. he said the gop must agree to one thing to get anywhere close do a deal. >>. >> wee going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> speaker boehner fired back. >> this week, we made a good faith offer to avert the fiscal crisis. now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> so, here we are, just over three weeks from going over the fiscal cliff. you're probably getting a lot of stuff around the house this weekend wondering what the heck is going on in these ho
CNN
Dec 9, 2012 3:00pm EST
that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the government is social security. health care. for every dollar, the other three modern countries spend per capita in other dollar, we spend $2.64 and still have 50 million people without insurance. if we could get france's health care system, widely regarded as the best in the world, we could eliminate 40% of income taxes and still have the same deficit. if you look at the federal budget numbers, the budget is coming way down. the economy is improving. higher tacks allow us to create jobs where people are investing in things that make commerce work better. all private wealth is built on a foundation of commonwealth. if we replace f
CSPAN
Dec 6, 2012 7:00am EST
to hire democrats. they will look to the republican out. to bial theail them as far as obama taxing the rich, you notice he does not touch entitlements. most of the rich is going to get off on tax breaks so there will only be certain rich that will be taxed. host: from "the hill" this morning -- 40 something republican senators sent a letter to the president yesterday. they conclude by saying -- again, this is 40 something republican senators, a letter to the president yesterday. back to your calls on the future for an the rodham clinton. this is a democrat from ohio. caller: i am fine tha, thank yo. i think if we get through these next four years, hillary clinton would make a good candidate and a good president for our country. i think she would move the country continuously. she knows a lot about the foreign affairs. i think she would be a good candidate. host: thank you for calling in this morning. caller: i am still wondering what happened to all that money they found when they went in over to iraq. could you please get me an answer to that question? host: probably not in the ne
CSPAN
Dec 9, 2012 9:35pm EST
voted for president obama. and republicans said that maybe marco rubio is right and maybe we have a problem. i think it is created the possibility for some movement of comprehensive immigration and legislation that will also deal with this more particular issue that you've been talking about today and we'll be talking about that tonight. i say that to commepped the center to see this months ago and realize this is going to be the issue that everyone would want to talk about after the election. now i think all of you know that in washington introductions is an inverse importance of the person being introduced that's why the governor gave me such a long introduction. i'm going to be briefer here because i think you know these three people very, very well. first of all, there is teresa sullivan who was president and wasn't president and now is president of the university of virginia. we're happy about that. senator mark warner who in recent months and years has had the ability to talk to members of the other party about matters of the great interest to the country and has been very i
FOX News
Dec 9, 2012 7:00pm PST
under bush a republican and obama a democrat. it doesn't work. >> let's talk about some of the things these good intentions have clean energy. >> solyndrsolyndra. >> that is just one example. >> we have had dozens go bad but it is the story behind the story. if they are they are a paid contributor or getting loans you are destroying tackle in the country. >> it basically means workers get hoer ages. we have laws that encourage home ownership. president bush sasz are you home? >> next in the housing bubble that blows up. the very people we are supposed to be it dabble to walk on the tank. we have tax credits that is supposed to direct our spending to good things. oo it sounds great but from a tiny packs go from 1913 only 2 pages into this 72,000 pajz monster. if you go to the irs web site there's more than a bud enforms you could download. nobody under sands it paul a big no spoener around the necks of the american economy. every one has something in it that probably sounds good but look what it adds up to. >> lastly on the spending. the machinery is a welfare state. we have to take ca
CBS
Dec 6, 2012 7:00am EST
mr. obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows the only major deficit cutting deals we ever do around here, ever comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt but it's a non-starter for those of us who do. >> reporter: public opinion generally is on the president's side, but republicans in the house are not paralyzed or perilous, more unified behind speaker boehner than a year ago. why is this important? the white house is beginning to notice
FOX News
Dec 6, 2012 8:00am PST
, closing loopholes and not raising rates. >> right. basically the republicans came up with what obama said in 2011. he wanted, there was discussion dealing with $1.2 trillion and he said we don't have to increase tax rates. we can close loopholes. we can cap deductions. that is what the republicans are offering. but right now defend again i think democrats are bent on increasing taxes and if woe don't avert the fiscal cliff, i believe republicans will take the hit politically. jon: the president in september of 2011 said, you know, in his principles for tax reform, lower tax rates, the tax system should be simplified and work for all americans with lower individual and corporate rates and fewer brackets. now it sounds like exactly what the republican side has offered here? >> it is. what they're offering but basically to reach a comprehensive deal so we can put this debt on a downward turn, and actually create a stronger economy. both sides, the democrats and republicans are going to have to give a little bit now. republicans might have to give in to some type of tax increase but president
FOX News
Dec 6, 2012 11:00am EST
years and it would butt a lot of pressure on obama. that is part of the problem the republicans have, they are working in a climate, whatever they propose, the idea is that what they are proposing is ridiculous and extreme gets a lot more oxygen than i think it deserves. jon: jonah goldberg who writes for usa today, thank you. jenna: they disappeared five months ago. now what could be a tragic development in the search for these missing cousins. we'll tell but that. plus, we turn back to the economy. milt tone freidman was a nobel peace prize winning economist, world famous. in light of the fiscal cliff hanger we are asking, what would milton do? the answer would surprise you. it's next. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios jon: right now, new information on crime stories we are watching. authorities in iowa working to identify remains discovered in woods in evans dale yesterday. authorities believe they are the bodies of two young cousins, an 11-yea
CNBC
Dec 6, 2012 7:00pm EST
. is the republicans at risk of becoming the party of the rich while president obama and the democrats stake the claim as the party of the middle class? let's talk. we have cnbc contributor howard dean, former vermont governor and democratic presidential candidate. and we welcome back katie paveli pavelich, author and news editor for townhall.com. listen to this poll from the latest cnbc all american survey. listen to this. americans are split over who is more to blame, 21% blame obama and the democrats. 23% blame the gop. and 52% blame both sides equally. now, i think that 52% is because howard dean wants to tax everyone. howard, defend your position. you may be single handedly bailing out the republican party by wanting to tax the middle class and everybody else. >> i'm just telling the truth, larry. i think senator paul is a fine person but his economic theory is whack job stuff. the idea -- we've already had big tax cuts. that's why we have the deficit we have. the truth is, if you want to balance the budget, which i do, you have to have increased revenues and you have significant spending cuts. a
CSPAN
Dec 6, 2012 5:00pm EST
for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kidding me. lackshe president's plan is any reform in our entitlement system. the unrestrained growth in entitlement system is driving deficits and driving the debt even higher than the percentage of our gdp. it is estimated to be as high as $128 trillion. even if they confiscate all of the income that excesses $1 million, we
CSPAN
Dec 7, 2012 2:00pm EST
, this desire for compromise. both sides, republican, democrat, independent, those who voted for obama, those who voted for governor romney, want to see compromise. what they define as an acceptable compromise is very different, but this notion that they want to see their leadership working together is something that is a strong point of view that is held right now, and that creates obviously opportunity to treaties. trades complicated waters to navigate. the single highest priority on the to the list is the budget deficit and debt. people talk about this being a problem that they want to see addressed. they are concerned about how that creates an economic environment that puts them at risk. they immediately move -- if that is table stakes in such terms of taking care of the basis of issues -- in a move to things that have much more meaning to them that focus around jobs, wage growth, getting more disposable income into their household. you'd see on one level at the abstract level, debt, deficits, fiscal cliff, and then a transition into the to do list, which is where they would like to see e
FOX News
Dec 7, 2012 3:00pm PST
take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that the country is facing. >> even the president got the tax rate hike he wanted understand we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has got a spending problem, not a re-knew problem. >> for many top democrats it's all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are at that point the 39.6% does produce the revenue. the differentiation between 39.6% and the 28% at that the president has for limitation on deduction creates a great deal of money as well. >> one conservative financial commentator suggests the likely outcome of the fiscal cliff talks won't be the end of the world. >> we will have taxes that are the same as the taxes were under bill clinton. we did find that we will do fine. >> the question is whether the negotiations will lead to making other tough ch
CNN
Dec 5, 2012 6:00pm PST
here and negotiate with ourselves. >> that is president obama and the democrats to save you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is that they become the party of rich people. and i think you saw that in the election. i don't think that is their intent. i think their intent is quite sound. >> they are becoming the party of rich white older men. you can't think of any other section of the community right now thinking the republican party is for me. >> i think that is why the politics of this make it possible to go over the cliff. i think the democrats see if we go over the cliff the republicans get blamed. meanwhile. i think the republicans worry about be
FOX Business
Dec 8, 2012 12:00am EST
this and get away from the debt ceiling thing it gets republicans off the hook. from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the chain gang or belief in the tooth fairy. it is delusional on its face. reality exists. it can't be conned. ashe panel points out this is explicit inflationary you would ne 1.2 billion actual platinum coins to make 2 trillion dollars in wealth. can't happen. melissa: we did a little math. if you were trying to do it the real way you would need 78 million pounds of raw platinum in order to get this done. what else weighs 78 million pounds? let's take a look. 7800 african elephants or 15,600 for f-150 picps. we could have 312 million q
FOX News
Dec 7, 2012 10:00pm PST
that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase taxes on the top two percent at a minimum he exempts business income. people or businesses that report their income through subchapter s, that would be a positive sign. maybe he can give some ground there. >
CNBC
Dec 10, 2012 1:00pm EST
is republicans cracking on tax rates. that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans. president went out and campaigned. he hammered republicans beginning in the fall of 2011. he won the election and he was trying to keep the pressure on t
CNN
Dec 8, 2012 10:00am PST
's say the republicans and i think in the end of the day they will give barack obama his tax increase on the rich. but you know what? we go into 2013 with still a trillion dollar a deficit. the question i ask you two and president obama is what's act two? what do we do next? >> he lumped us all in together. david, you do agree with stephen an one thing. there is work to be done on curtailing inefficient spending? >> there always will be. that's shooting fish in a barrel. the best funded program we have is social security. we shouldn't talk about cutting it. health care. for every dollar the other three modern countries in the world spend per capita in comparable dollars, we spend $2.64. we still have 50 million people without insurance. if we could get france's health care system, widely regarded as the best in the world we could eliminate social security taxes or 80% of individual income taxes and have the same deficit. by the way, if you look at the federal budget numbers the federal budget deficit is coming way down. the economy is improving. higher taxes allow us to create jobs by
CNN
Dec 11, 2012 2:00am PST
-- the republicans are saying we need deep savings in entitlement spending and president obama saying he won't compromise on raising the tax rates for the wealthiest americans. >> shannon, you said the republicans are waiting for the president, the president is waiting for the republicans. we're all waiting for everyone here. what kind of deadlines are we talking about? >> we could be looking at a potentially serious deadline for friday, a de facto deadline of sorts with be john. once they reach a deal, the legislative process could actually take two weeks to put into effect. so we're bumping up right against friday that they would potentially need to have a deal in place so that we wouldn't actually go over the clip. it's been serious business but this week could be even more serious, john. >> friday seems pretty quick. we'll see. shannon travis, thanks very much. >> seven minutes past the hour. we're learning more about petty officer first class nicolasd. checque. he's described as hard-working and enthusiastic. he joined the navy in 2002 after graduating from high school and entered the s
CNBC
Dec 10, 2012 4:00pm EST
obama hits the road to talk to republicans about the fiscal cliff negotiations. >> all part of the road to the fiscal cliff we've been seeing now. what's the latest, eamon? >> to really push public opinion in his direction on the fiscal cliff talks. the president today making the argument that he's the guy in this debate that wants to lower american taxes. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. it's true. y'all don't like that, huh? >> and you can tell how confident president barack obama knows how positive his polls are on his side of this issue. but on the game where he's campaigning publicly and negotiating privately. as you said meeting with john boehner at the white house yesterday. and clearly the president is meeting with republicans and then checking back with democrats. we see this pattern now a couple of times last week he met with or spoke to boehner. and then met with nancy pelosi, the democratic leader on capitol hill. today we're told he had a phone call on air force one fr
FOX News
Dec 8, 2012 3:00pm PST
on the republican side of the table facing mr. obama says raising taxes on upper income americans will not fix the huge problems this country is facing. >> even if the president got the tax rate hike he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. washington has a spending problem and not a revenue problem. >> for many top democrats it is all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are that at this point the 39.6% does produce the revenue. the differentiation between the 39 pin 6% and the 28% that the president has for limitation or deductions creates a great deal of money as well. >> one conservative commentator suggested the out come of the fiscal talks won't be the end of the world. >> we will have taxes which are roughly the same as they were underon. we did fine in that. we will do fine. >> the question is whether these negotiations will lead to making other tough choices such as washington getting a handle on the growth of government. if not the european example seems to suggest huge fiscal t
CSPAN
Dec 10, 2012 8:30am EST
and fast. >> my name is -- [inaudible] i have a concern that republicans, like, i did vote for barack obama four years ago, in this time not because i think he betrayed most of his promises. and i would like to see his nobel prize withdrawn too. this would be the first recall of a nobel prize. given that, i think that republicans should move, in my opinion, to the left of democrats, which means you've got to get rid of your right-wing, fascists you have in the party. and that's the only way to win. and i hope -- >> what's your question? what's your question? >> so my question is will the country move just like we gave george bush two terms even though he had screwed up after the four-of -- four-year? is it that if hillary clinton runs as a democrat, she will get the big hammer for all the failures of the obama administration, and the republicans will by default win? >> the last question. boy, we've got lots of questions still. okay, let's take this around and then see if we have some time left over. try to -- we do only have a few minutes, so this is your, i think, treat this as your -- yea
FOX Business
Dec 5, 2012 1:00pm EST
in the white house with more. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you.
FOX Business
Dec 6, 2012 11:00am EST
and president obama and john boehner spoke on the phone days after republicans offered a hundred billion dollars of tax revenue. republicans say they're waiting on a counteroffer from the white house. back to you. dennis: should republicans hold out and let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intrusion. neither side discusses that because the
CNBC
Dec 6, 2012 6:00am EST
had good sessions with republican leadership, democratic leaderships and with president obama in the white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term competitiveness for our country, immigration reform that needs to happen, and there's a lot of bipartisan support for corporate and personal tax reform next year and i know j.timmonds was on earlier. private factories in this country need more also. that's a hot topic right around the corner but it's important we get through the cliff, that government governors, we get leadership, get over the cliff and move to the next thing. i think everybody's talking about it. >> doug, let me ask you a question. i
FOX
Dec 5, 2012 4:00am PST
week. avoiding the fiscal cliff is coming down to taxes. president obama told bloomberg tv yesterday he is willing to be flexible, but there will be no deal unless republicans agree to raise income tax rates on the top 2% of wage earners in america. this week the gop offered a proposal that continues tax breaks for everyone while making cuts to medicare and social security. the president and democrats say the lack of a tax hike on the wealthy is leaving budget talks at an impasse. "60% of americans support asking millionaires to pay slightly more. many republicans feel the same way. the only ones who feel differently are the ones who work in this building. we can't let these negotiations be dictated by the tea party." "we've wasted an enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. traders are keying off market moves for clues about the economy. scott bauer of trading advantage joins us now. scott, what is the gold market telling traders about the prosepects of the economy going over the fiscal cliff
FOX Business
Dec 6, 2012 1:00pm EST
the fiscal cliff republicans and the president are out campaigning on their tax plans. president obama is in northern virginia meeting with a middle class family. republicans are speaking with small business owners. both say the other side's reluctance to relent on their positions will harm the economy. back to you. >> rich edson, i wish someone would take a limit away on my credit card. that would be nice. ashley: instead of campaigning they should be talking to each other and getting this thing done. when it comes to the market stocks are hanging on every word coming out of washington. we've seen it hourly if not by the minute. even with the wild moves our next guest says now is the good time to get into the market because going over the cliff has been priced in. joining us milton ms. rought at this, lord abbett chief market strategist. thanks for joining us. if it is priced in why are we seeing these gyrations with every statement coming out of washington? >> it is not entirely priced into the market. the market obviously would like to hear good news. it wants to hear some kind of a
MSNBC
Dec 6, 2012 3:00am PST
people? and you have this divide between -- i think a strong ideological position on the republican side, not rates, and somewhat ideological, somewhat practical position on the obama side saying we can't get to $1.6 trillion without doing rates. now, we're not going to get to $1.6 trillion, so it becomes academic. >> can we get to $1.2 trillion where i think and others think we're going to end up without raising the rates? >> you can do it mathematically. it works. you can write laws that do it. the question you have to say to yourself, do you want to start eliminating charitable deductions for state and local taxes, for charitable, for health care, even, for retirement funds? in other words, do you really want to turn people's behavior kind of inside-out almost overnight by changing the way taxes work so quickly? >> mark, you're as plugged in as anybody in washington right now. are these guys talking to each other in a real, meaningful way? i know they put out the information that the president talked to john boehner yet, but are there real behind-the-scenes intense negotiations as we'
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